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New Shares Issuable under the SAR Scheme

17th Jul 2018 14:30

RNS Number : 9164U
Gateley (Holdings) PLC
17 July 2018
 

 

Gateley (Holdings) Plc

 

('Gateley' or the 'Group')

 

New Shares Issuable under the Share Appreciation Rights Scheme

 

Gateley (AIM:GTLY), the law-led professional services group announces that 2,425,024 ordinary shares of 10p each in Gateley ("Ordinary Shares") have vested following the third anniversary of the Company's admission to AIM, pursuant to the terms of the Company's Share Appreciation Rights ("SAR") Scheme as detailed in Gateley's admission document dated 8 June 2015. The SAR Scheme was implemented for the benefit of partner level employees to ensure they remain aligned with the long-term success of the Group. These new Ordinary Shares are expected to be admitted to trading on AIM at 8.00 a.m. on 18 July 2018.

 

- Ends -

 

Enquiries:

Gateley (Holdings) Plc

Neil Smith, Finance Director

 

Tel: +44 (0) 121 234 0196

Nick Smith, Acquisitions Director and Head of Investor Relations

Tel: +44 (0) 20 7653 1665

Cara Zachariou, Head of Communications

Tel: +44 (0) 121 234 0074 or+44 7703 684 946

Cantor Fitzgerald Europe - Nominated adviser and broker

David Foreman, Marc Milmo, Michael Boot (Corporate Finance)

Tel: +44 (0) 20 7894 7000

Caspar Shand Kydd, Alex Pollen (Sales)

Arden Partners - Broker

John Llewellyn-Lloyd, Benjamin Cryer (Corporate Finance)

Tel: +44 (0) 20 7614 5900

James Reed-Daunter (Corporate Broking)

IFC Advisory - Financial PR Adviser

Tim Metcalfe, Miles Nolan

Tel: +44 (0) 20 3934 6630

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Gateley Holdings
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